2724 E 58Th Street, Huntington Park, CA 90255

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Property Description

Pleased to present 2724 East 58th Street, Huntington Park, an 8-unit apartment building. Built in 1941 and comprised of 100% 1-bedroom/1-bath floor plans, this offering presents significant rental upside potential, with a favorable $198,750 per unit and $281 per square foot, complemented by garage parking and a desirable 8.6% cap rate on market rents. Situated in a phenomenal rental area, this property represents an attractive prospect for an investor seeking an established income-generating asset.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 2724 E 58Th Street
City Huntington Park
State CA
Zip 90255
County Los Angeles
Listing Agent Rick Applebaum DRE #01273871
Co-Listing Agent Doug Rodermund DRE #01314304
Courtesy Of Morgan Skenderian
List Price $1,590,000
Status Active
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 6,515
Year Built 1941

Listing information courtesy of: Rick Applebaum, Doug Rodermund, Morgan Skenderian. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:20 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.